SS&C Technologies Acquires Tier1 CRM

Tier1 Financial Solutions Acquires Satuit Technologies

April 26, 2021

Software

Tier1 Financial Solutions acquired Satuit Technologies, a provider of CRM and investor portal software for buy‑side asset and wealth managers, to accelerate its expansion into the buy‑side market and broaden its client relationship product suite. Terms were not disclosed; Satuit’s CEO Karen Maguire will remain in her role and report to Tier1 CEO Jiro Okochi.

SS&C Technologies Acquires Millennium Consulting Services and Millennium Seminar Services

December 16, 2020

Consulting

SS&C Technologies has agreed to acquire Raleigh, North Carolina-based Millennium Consulting Services and Millennium Seminar Services to expand its insurance-focused consulting and training offerings. The deal adds 13 employees and brings regulatory consulting, statutory outsourcing and insurance accounting training capabilities into SS&C's insurance services lineup.

Thrive Acquires Tier1Net

July 11, 2019

IT Services

Thrive, a Next Generation Managed Services provider, acquired Tier1Net, a Woburn, Massachusetts-based managed services firm focused on financial services. The add-on transaction, executed under Thrive’s private equity owner M/C Partners, strengthens Thrive’s FinTech capabilities and New England presence while integrating Tier1Net leadership into Thrive’s FinTech practice.

Tectonic Acquires CRM Consultancy Sakonent

October 22, 2014

IT Services

Denver-based technology and business services firm Tectonic has acquired Chicago-based CRM consultancy Sakonent. The acquisition brings Sakonent’s CRM, marketing automation and analytics expertise into Tectonic’s Insight-to-Action cloud offerings; terms were not disclosed.

Perficient Acquires Tier1 Innovation

June 26, 2007

IT Services

Austin-based Perficient, Inc. acquired Tier1 Innovation, LLC, an Oracle- and Siebel-focused IT consulting firm, in a transaction valued at approximately $14.25 million (half cash, half stock). The deal expands Perficient's Oracle/Siebel capabilities, adds a Denver/Rocky Mountain office and more than 50 consulting and support professionals, and was expected to be accretive to earnings.

The Carlyle Group Acquires SS&C Technologies, Inc.

November 22, 2005

Software

Sunshine Acquisition Corporation, an acquisition vehicle affiliated with The Carlyle Group, completed the cash acquisition of SS&C Technologies, Inc., taking the company private for approximately $942 million ($37.25 per share). The deal transfers SS&C from a NASDAQ-listed company to private ownership under Carlyle, intended to support SS&C’s continued growth of its financial technology software and services.